Ultimate Products plc (ULTP) develops new, innovative concepts and brings professional, sought-after products to the mass market. Their offices span two continents, with headquarters in the UK, a sourcing office and showroom in China and a further showroom in Continental Europe. Key owned brands include Salter, Beldray, Progress, Kleeneze, Petra and Intempo. The company also markets non-electrical Russell Hobbs products under licence, now on a rolling four-year basis.
Balancing sales growth with cash flow generation - Interim Results
Stable profits (EBITDA) and a marked reduction in bank debt were key features of Ultimate Products’...
Read moreCash generation drives shareholder value
Ultimate Products’ (UP) sales fell by 4% in the first six months of FY2024, with the likelihood of...
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Ultimate quality and value for customers
Strong sales growth, sustained profit margins and abundant free cash flow were key features of UP’s...
Read moreBeautiful products for every European home
UPGS today announced the opening of a new showroom in Paris, which will facilitate the expansion of...
Read moreSecond half 15% sales growth beats expectations
UPGS comfortably beat full year FY2023 expectations for sales revenue in a trading update released...
Read moreDebt reduction confirms financial strength
UPGS announced a significantly better-than-expected improvement in its debt position today. Net...
Read moreInnovating for growth
UPGS hosted a capital markets presentation at the Exclusively Homewares exhibition in London’s...
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Well placed for sales growth acceleration in H2
UPGS’s interim results strongly suggest that the company is well placed for sales growth...
Read moreOnline drives first half growth
Online channels were the main driver of growth for UPGS in the first half of FY2023 with a 2% sales...
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